Michelle Makori, President & Editor-in-Chief, Miles Franklin Media, interviews James Rickards, New York Times bestselling author and Editor of Strategic Intelligence newsletter.

Is the Iran war a turning point or just the beginning of something much bigger? Rickards says the ceasefire doesn’t add up, the narrative of victory is misleading, and the real story is about a growing global monetary crisis already underway.

From a potential escalation in the Strait of Hormuz to a global dollar shortage to a recession that may already be locked in – Rickards warns the system was already fragile, and this war could accelerate the breakdown.

And what does that mean for gold? Rickards says a move to $10,000 gold by the year-end is still realistic.

In this episode of The Real Story with Michelle Makori:

- Why the Iran ceasefire may not be real

- Conflicting narratives from the U.S. and Iran

- Who really controls the Strait of Hormuz

- Military escalation risks and U.S. troop buildup

- The emerging global dollar liquidity crisis

- Why a recession may already be inevitable

- Central banks shifting from dollars to gold

- Why the monetary system was already breaking

- Rickards’ $10,000 gold outlook

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Disclaimer: The views and opinions expressed in this video are those of the individual speakers and do not necessarily reflect the views of Miles Franklin Precious Metals, its affiliates, owners, anchors, producers or hosts. This content is provided for informational and educational purposes only and is not intended as financial, legal, or investment advice. Nothing said in this video should be construed as a recommendation to buy or sell any financial asset. You should always consult with a qualified financial advisor, legal professional, or tax expert before making any investment decisions. Investing involves risk, including the potential loss of principal.

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Is Iran War Breaking the Global Monetary System? | Jim Rickards & Michelle Makori

The Real Story with Michelle Makori

Is Iran War Breaking the Global Monetary System? | Jim Rickards & Michelle Makori